
Cheap Apartments for Rent in Okaloosa County, FL from $300 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Okaloosa County.


Hillcrest

Falcon House

14 Cape Dr NW

19 Chestnut Ave SE

Spring Creek Apartments

534 Brock Ave
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532 Brock Ave

Addison Place Apartments

Heather Glenn

80 4th Ave

Pinnacle Pointe Apartments

112 Bayou View Dr
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824 Tanager Rd
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Okaloosa County, FL Local Guide

How much does it cost to rent an apartment in Okaloosa County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Okaloosa County Studio Apartments | $1,566 | $840 | $2,464 |
| Okaloosa County 1 Bedroom Apartments | $1,625 | $945 | $8,229 |
| Okaloosa County 2 Bedroom Apartments | $1,837 | $980 | $8,767 |
| Okaloosa County 3 Bedroom Apartments | $2,194 | $1,300 | $8,510 |
| Okaloosa County 4 Bedroom Apartments | $3,524 | $1,575 | $10,000+ |
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Cheapest Available Okaloosa County Apartments for Rent
 The cheapest available apartment rental in Okaloosa County, FL is a 2 Beds unit found at Princeton Grove in the Shoal River Ranch neighborhood priced from $390. Hillcrest in the Shoal River Ranch neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here is today’s list of the most affordable Okaloosa County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Princeton Grove | 2/2 Bedroom | 2BR,2BA | $390 |
| Hillcrest | 1 Bed 1 Bath | 1BR,1BA | $945 |
| Villager Apartments | A1 | 1BR,1BA | $997 |
| Spring Creek Apartments | A1 | 1BR,1BA | $999 |
| Addison Place Apartments | One Bedroom | 1BR,1BA | $1,006 |
| Pinnacle Pointe Apartments | Fuji | 1BR,1BA | $1,159 |
| Bel Aire Terrace | The Venice | 1BR,1BA | $1,172 |
| The Lyle | A1 | 1BR,1BA | $1,199 |
| Merrimac Manor Apartments | 2x1.5 1300 - NO AVAILABILITY | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Okaloosa County, FL
As of November 16, 2025 the best value apartment in the Okaloosa County area is the $1.14 price per square foot Main Model at Grande View Townhomes in the in the Sylvania Heights neighborhood starting from $2,000. The second greatest value Okaloosa County apartment is the 3x2 Model at Retreat at Redstone starting at $1,847 with a $1.06 price per square foot in the Shoal River Ranch neighborhood. Here is today’s list of the best values for Okaloosa County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Grande View Townhomes | Main | 3BR,2.5BA | $1.14 |
| Retreat at Redstone | 3x2 | 3BR,2BA | $1.06 |
| Keystone Townhomes | 3 bedroom | 3BR,2.5BA | $1.16 |
| Merrimac Manor Apartments | 2x1.5 1300 - NO AVAILABILITY | 2BR,1.5BA | $0.92 |
| The Dorian | B1.1.5THU | 2BR,2BA | $1.21 |
| Courtland Terrace | Main | 2BR,1.5BA | $1.26 |
| The Cordelia | B1.1.5T | 2BR,1.5BA | $1.32 |
| 943 Valley Rd, Unit A | 943 Valley Rd | 3BR,1BA | $1.38 |
| Pinnacle Pointe Apartments | Fuji | 1BR,1BA | $1.40 |
| Addison Place Apartments | One Bedroom | 1BR,1BA | $1.33 |
Frequently Asked Questions about Cheap Okaloosa County Apartments
What is a cheap apartment in Okaloosa County?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Okaloosa County is under $1,200.
What is the price of a cheap apartment in Okaloosa County?
The cheapest apartment in Okaloosa County is Hillcrest which is listed at $945, while the average apartment in Okaloosa County costs $13,369.
What types of apartments are the cheapest in Okaloosa County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 17 regular apartments in Okaloosa County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Okaloosa County?
Cheap apartments in Okaloosa County have an average cost of $133 which is $13,236 cheaper than the average rent for all rentals in Okaloosa County.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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